Development Status and Prospect of China's Motor Industry

Hydraulic cylinder manufacturer As one of the indispensable components of mechanical equipment, the motor industry in China has made great progress after 40 years of development, especially the rapid development since the reform and opening up for more than 20 years. According to the Analysis Report on Market Demand and Investment Planning of Motor Manufacturing Industry in 2014-2018 released by the Prospective Industry Research Institute, the rapid development of new energy has driven the rapid growth of the motor industry, and China's motor industry has broad prospects for development.

The domestic new energy vehicle industry market is expected to be good, driving the rapid growth of the drive motor market. In addition, hybrid electric bus is the main electric bus product in China, while the drive motor system used in pure electric bus has high requirements for power, and there are few related manufacturers.